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Stock markets: Stocks to follow in Paris and Europe – 07/25/2022 at 09:45


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PARIS, July 25 (Reuters) – Stocks to watch on Monday on the Paris inventory alternate and in Europe the place futures contracts indicated a decrease open:

* Orange ORAN.PA and MasMovil have signed an settlement for a complete enterprise worth of 18.6 billion euros to consolidate their operations in Spain, the 2 telecom operators introduced in a press launch on Saturday.

➦ Orange merged its operations with MasMovil in Spain at a price of €18.6 billion

* Forvia EPED.PA confirmed its annual forecast after revealing consolidated working earnings for the primary half of 426 million euros, whereas analysts polled by Visible Alpha had anticipated 436.1 million euros on common.

➦ Forvia-H1 earnings disappoint expectations

* Eutelsat ETL.PA, the French satellite tv for pc operator, confirmed on Monday that it has entered into talks with its co-shareholders in OneWeb with a view to a attainable merger of the 2 corporations by means of a share swap.

➦ Eutelsat to get arms on OneWeb – sources

* ICADE ICAD.PA revealed a rise in turnover of 6.3%, to 823 million euros in group shares (CEO), and internet outcomes CEO to 351 million (+68%).

* Plastic Omnium PLOF.PA posted an financial turnover of 4.3% in the primary half to 4.32 billion euros and a internet earnings group share progress of 104 million euros. Press launch: https://bit.ly/3ve0IPx

* Volkswagen VOWG_p.DE – The German carmaker introduced on Friday that Herbert Diess, chairman of its board of administrators, will depart the group and get replaced by Oliver Blume as of September 1.

➦ Volkswagen – Chairman of the administration board will depart the group

* Swiss credit score CSGN.S is contemplating how to lower additional prices to straighten out its funds, after warning it might face one other loss in the second quarter, the Sonntagszeitung newspaper reported on Sunday, citing senior sources.

➦ Credit Suisse considers additional value cuts – SonntagsZeitung

* TF1 TFFP.PA introduced on Friday that every one rights to the French group’s matches (Nations League, friendlies, qualifying matches for Euro 2024, 2026 World Cup and Euro 2028) from UEFA.

* Total energy TTEF.PA has introduced the beginning of manufacturing from the Ikeke discipline in Nigeria.

➦ TotalEnergies begins manufacturing at Ikike discipline in Nigeria

* Ryanair – The airline on Monday posted an after-tax revenue of 170 million euros for the April-June interval, its first quarterly revenue in three years, however stated it was too early to say whether or not it might regain its place this yr. Pre-pandemic revenue ranges.

*Phillips It reported a greater-than-anticipated fall in second-quarter adjusted working earnings to 216 million euros due to shortages and lockdowns in China.

* Julius Baer BAER.S fell 5% in pre-market after saying a 26% drop in internet revenue attributable to shareholders in the primary half.

*Vodafone VOD.L reported a decline in service income in Germany, its most important market

* Kuhn and Nagel KNIN.S reported a 79% rise in second-quarter working revenue on Monday, pushed by progress throughout all its enterprise items.

* Bavarian NordicA Danish biotechnology firm, stated the European Commission has given its vaccine Imvanex clearance for advertising and marketing as safety towards monkeypox, following a suggestion issued by the European Medicines Agency (EMA) final week.

➦ Bavarian Nordic monkeypox vaccine is EU permitted

*OL Group OLG.PA reported on Friday a 42% improve from operations excluding participant buying and selling to 252.5 million euros for the 2021-2022 monetary yr and reaffirmed its sporting aims for the brand new season and past, particularly with a European location.

* ADP ADP.PA – RBC downgrades its suggestion to “underperform” from “outperform”.

(Writing by Claude Chendzu, Editing by Sophie Luet and Kate Entinger)

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